Hermes Protocol Price (HERMES)
Hermes Protocol Price (HERMES)
1 HERMES to USD Live Price:
Hermes Protocol (HERMES) Price Information (USD)
-0.42%
-11.43%
-31.26%
-31.26%
Hermes Protocol (HERMES) real-time price is $0.00144565. Over the past 24 hours, HERMES traded between a low of $ 0.00143327 and a high of $ 0.00163696, showing active market volatility. HERMES's all-time high price is $ 0.241923, while its all-time low price is $ 0.00005432.
In terms of short-term performance, HERMES has changed by -0.42% over the past hour, -11.43% over 24 hours, and -31.26% in the past 7 days. This provides you with a quick overview of its latest price trends and market dynamics on MEXC.
Hermes Protocol (HERMES) Market Information
The current Market Cap of Hermes Protocol is $ 268.68K, with a 24-hour trading volume of --. The circulating supply of HERMES is 185.57M, with a total supply of 539010497.3997958. Its Fully Diluted Valuation (FDV) is $ 780.44K.
Hermes Protocol (HERMES) Price History USD
During today, the price change of Hermes Protocol to USD was $ -0.000186651002363166.
In the past 30 days, the price change of Hermes Protocol to USD was $ -0.0005555942.
In the past 60 days, the price change of Hermes Protocol to USD was $ -0.0001375113.
In the past 90 days, the price change of Hermes Protocol to USD was $ -0.0002584279223966586.
| Period | Change (USD) | Change (%) |
|---|---|---|
| Today | $ -0.000186651002363166 | -11.43% |
| 30 Days | $ -0.0005555942 | -38.43% |
| 60 Days | $ -0.0001375113 | -9.51% |
| 90 Days | $ -0.0002584279223966586 | -15.16% |
What is Hermes Protocol (HERMES)
What is the project about? Hermes DEX main goal is to let users and other decentralized protocols exchange both volatile assets (DAI to WETH for example) and stablecoins (DAI to USDC for example) through it with low fees and low slippage. Unlike exchanges out there that match a buyer and a seller, the behavior of Hermes is different, it uses liquidity pools like Uniswap. To achieve this, Hermes needs liquidity (tokens) which is rewarded by those who provide it. Hermes is non-custodial meaning the Hermes developers do not have access to your tokens.
What makes your project unique? Stable coins have become an inherent part of cryptocurrency for a long time but they now come in many different flavors (DAI, TUSD, MIM, BUSD, USDC and so on) which means there is a much bigger need for crypto users to move from a stable coin to another. Centralized exchanges tend to have high fees which are problematic for those trying to move from a stable coin to another. As a result, Hermes Protocol has become the best place to exchange stable coins because of its low fees and low slippage. And Hermes also allows swaps with volatile assets.
History of your project. Hermes Protocol officially launched in February 2022 and started emissions in March 2022.
What’s next for your project? Introducing Yield and Concentrated Unified Liquidity Omnichain Marketplaces. Hermes V2 will offer multiple defi services compared to V1, while improving capital efficiency and user experience:
- Bridge-less omnichain environment, powered with concentrated (Uni V3) and unified liquidity.
- Decentralized Uniswap V3 Liquidity Management.
- Uniswap V3 Liquidity Incentives.
- Refined ve(3,3), becoming a fungible ERC-4626
- Improved UX and UI
- Omnichain Yield marketplace
What can your token be used for? Hermes token when staked for veHermes allows liquidity providers to take decisions on adding new gauges, boosting gauge yields, voting on token emission, and receive bribes.
MEXC is the leading cryptocurrency exchange trusted by over 10 million users worldwide. It is renowned as the exchange with the widest token selection, the fastest token listings, and the lowest trading fees in the market. Join MEXC now to experience top-tier liquidity and the most competitive fees in the market!
Hermes Protocol (HERMES) Resource
Hermes Protocol Price Prediction (USD)
How much will Hermes Protocol (HERMES) be worth in USD tomorrow, next week, or next month? What could your Hermes Protocol (HERMES) assets be valued at in 2025, 2026, 2027, 2028 — or even 10 or 20 years from now? Use our price prediction tool to explore both short-term and long-term forecasts for Hermes Protocol.
Check the Hermes Protocol price prediction now!
HERMES to Local Currencies
Hermes Protocol (HERMES) Tokenomics
Understanding the tokenomics of Hermes Protocol (HERMES) can provide deeper insight into its long-term value and growth potential. From how tokens are distributed to how the supply is managed, tokenomics reveal the core structure of a project's economy. Learn about HERMES token's extensive tokenomics now!
People Also Ask: Other Questions About Hermes Protocol (HERMES)
Hermes Protocol (HERMES) Important Industry Updates
| Time (UTC+8) | Type | Information |
|---|---|---|
| 11-03 17:18:56 | Industry Updates | Data: October DEX spot trading volume hits all-time high, CEX spot trading volume reaches highest level since January this year |
| 11-02 15:42:00 | Industry Updates | The total market cap of stablecoins decreased by 0.45% over the past week, still maintaining above $300 billion |
| 11-01 15:13:00 | Industry Updates | Bitcoin's October monthly candle closed down 3.69%, marking the third declining October in history |
| 11-01 13:14:00 | Industry Updates | Crypto market shows slight warming, all three major U.S. stock indices record at least six consecutive monthly gains |
| 10-31 18:37:21 | Industry Updates | Crypto Fear & Greed Index currently at 29, market sentiment remains in "Fear" |
| 10-31 15:48:21 | Industry Updates | Data: The peak trading volume of CEX in this crypto bull market is still far below the 2021 level |
Disclaimer
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